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蓝星食品获得额外资金

2024-04-18 01:19

  • Blue Star Foods (NASDAQ:BSFC) said it has secured additional funding to help meet increased demand under its Master Service Agreement and to increase the volume in its soft shell crab operations.
  • The company said it has entered into a securities purchase agreement with an accredited investor under which the company issued a promissory note in the principal amount of $300K and 500K shares of its restricted common stock.
  • The firm also issued a convertible promissory note to an institutional investor, in the principal amount of $138K.
  • The note bears a one-time interest charge of 19% on the date of issuance and an annual rate of 22% thereafter and is due January 15, 2025.
  • The firm added the note is convertible in the event of default and has a conversion price of 61% multiplied by the market price.

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